Our Economy Has Taken A Nosedive – Ezekwesili

Must Read

FACTBOOK: Coronavirus In Nigeria — Everything You Need To Know

By Gbenga OdunsiAs Nigeria further shuts down in the wake of the coronavirus pandemic, and more cases are being recorded...

Nigeria’s Response To Coronavirus Is Impressive – UN Chief

The United Nations has praised Nigeria for it's handling of the Coronavirus pandemic.Nigeria, Africa's most populated country with an...

Coronavirus: FG Set To Evacuate Nigerians Stranded Abroad

The ministry of foreign affairs has directed all its missions abroad to get the list of Nigerians abroad who...

‘Africa Is Not A Testing Ground’ – Drogba, Eto’o Slam French Doctors Over Racist Comments

Ivorian football legend, Didier Drogba and Cameroonian football legend, Samuel Eto'o have joined other Africans in calling out two...

Anthony Joshua’s World Title Defence Against Pulev Postponed

Nigerian British heavyweight Anthony Joshua’s defence of his IBF, WBA, WBO and IBO world titles against Bulgaria's Kubrat Pulev...

Oby-Ezekwesili

A former minister of Education, Oby Ezekwesili, has compared Nigeria’s current economic situation to that of 1982 during the regime of ex-president, Shehu Shagari.

Speaking in Lagos, the former minister stressed that the situation surrounding the economic, social and political sectors is precarious, admitting, however, that managing such situations would be really difficult for the government.

“We have found ourselves in a situation where every sector is in a precarious situation,” Ezekwesili was quoted by Vanguard to have said.

“We are operating on uncertainty and it is very difficult. Our economy has taken a nosedive, and I ask how it is possible for Nigeria to find itself in this embarrassing situation.

“Nigerians must study history because people who do not study history risk repeating all the mistakes made in the past.”

Former Central Bank Governor and Emir of Kano, Muhammadu Sanusi II, had also said that the country was heading for recession with the way the country’s economy is going.

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More Articles Like This

- Advertisement -